Adding personal advice to Centrelink’s bulk billing framework is among recommendations put to the Quality of Advice Review by a founding member of the Financial Planning Association of Australia.
The financial advice profession has again fallen by triple figures, recording a weekly loss of 126 advisers in the lead-up to the end of financial year, according to Wealth Data.
Australia’s strict regulatory definitions are hampering its development of financial advice versus other markets such as the US and UK, according to Vanguard.
In the final days of the financial year, Money Management reviews the number of charges made by ASIC against current and former financial advisers in the second half of 2021/22.
Financial advisers must consider long-term interests and future circumstances when determining the scope of the advice that is going to be offered and should therefore be ‘standard six aware’, according to TAL.
Diverger has announced its purchase of a 35% stake in McGregor Wealth Management for an initial cash consideration of $0.74 million, followed by deferred consideration up to $0.56 million during the first 18 months.
Adding personal advice to Centrelink’s bulk billing framework is among recommendations put to the Quality of Advice Review by a founding member of the Financial Planning Association of Australia.
Improving emotional intelligence will help advisers to have a deeper relationship with their clients and provide improved outcomes, as the industry moves to becoming a profession.
With Statements of Advice often cited as one of advisers’ biggest challenges to delivering affordable advice, the Financial Planning Association of Australia has released a video toolkit to guide members in creating a video version.
Magellan has amended the mandate of its $564 million High Conviction Trust from a maximum of 12 companies to 20, while adding a second portfolio manager.
The number of fintech firms has more than doubled between 2017 and 2021, according to KPMG, but firms are being stymied by recruitment difficulties in the local market.
The financial advice profession has again fallen by triple figures, recording a weekly loss of 126 advisers in the lead-up to the end of financial year, according to Wealth Data.
Kaplan Professional has announced a second round of its Women in Finance scholarships, offering 10 scholarships funded by the Financial Planning Association of Australia.
There are two stocks in the healthcare and infrastructure space which could help investors gain defensiveness in their portfolio, according to T.Rowe Price.